Salaries and Wages, Pension Funds and Personal Income Tax Administration Course

OBJECTIVE
Participants will be exposed to time tested and best practice methods in principles of compensation management, salaries and wages, pension funds and personal income tax management and computerized payroll administration.

CONTENT
 Principles of Compensation Administration and Management
 Salaries and Wages Incentive Schemes
 The Various Available Incentive Schemes: Time Work, Payment by Results, Group Bonus Scheme Individual Bonus Schemes, Profit Sharing and Co-partnership Schemes
 Personal Income Tax Rules
 Paying Salaries and Wages
 Provisions of Pension Act
 Salary Frauds
 Managing the Issue of Ghost Workers and Pensioners
 Computer Fraud in Salary Administration
 Administrative Handling of Salaries and Wages Frauds
 Fraud in Payroll and Pension Transactions
 Salaries, Wages and Pensions Accounting
 Budgeting for Salaries and Pensions Contribution
 Auditing and Investigating Payroll and Pension Transactions

FOR WHOM:
Accountants, Auditors, Senior Executives with tax responsibilities, Personnel and Admin Managers, Information Technology Managers, Pension Managers, Union Members, Payroll Administrators, Tax Planners and Administrators, Human Resources Development Managers and other senior to middle management staff who perform related functions in Public and Private Sectors.

Methodology
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.
DATE:
1ST BATCH: 11th – 14th Mar, 2025
2ND BATCH: 16th – 19th Sept, 2025